Cedar Grove Foundation

“Grantee HAPPI INC Street 255 GLORIA CIR City, State, Zip MENLO PARK, CA 94025Amount 10,000”

“Description AmountWEBSITE EXPENSES 23”

“Category Beginning of Year End of YearCARBON CREDIT 0 6,265PROGRAM RELATED LOAN 0 40,000PROGRAM RELATED INVESTMENT 0 50,000THE ORGANIZATION MADE A PROGRAM RELATED INVESTMENT UNDER IRC SECTION 4944 IN THE FORM OF A ZERO PERCENT INTEREST UNSECURED LOAN PURSUANT TO A PROMISSORY NOTE TO GATHER COLLECTIVE, AN ORGANIZATION DEDICATED TO CREATING COMMUNITY SPACES FOR MINDFULNESS, WELLNESS, AND HUMAN CONNECTION. THE INVESTMENT WAS MADE IN FURTHERANCE OF THE ORGANIZATIONS EXEMPT PURPOSE OF ADVANCING HUMAN POTENTIAL WITHIN EARTHS ECOSPHERE, AS GATHER COLLECTIVES MISSION OF FOSTERING MINDFUL COMMUNITY AND PERSONAL GROWTH DIRECTLY ALIGNS WITH THIS PURPOSE. NO SIGNIFICANT PURPOSE OF THE INVESTMENT IS THE PRODUCTION OF INCOME OR APPRECIATION OF PROPERTY. THE INVESTMENT QUALIFIES AS A PROGRAM RELATED INVESTMENT UNDER IRC SECTION 4944(C). THE ORGANIZATION MADE A MISSION RELATED INVESTMENT IN THE FORM OF A SIMPLE AGREEMENT FOR FUTURE EQUITY (SAFE) TO BUILDQ, INC., A SOFTWARE STARTUP FOCUSED ON RENEWABLE INFRASTRUCTURE. THE INVESTMENT WAS MADE TO ALIGN WITH THE ORGANIZATIONS EXEMPT PURPOSE OF ADVANCING HUMAN POTENTIAL WITHIN EARTHS ECOSPHERE, WHILE ALSO SEEKING A MARKET-RATE FINANCIAL RETURN. THE SAFE PROVIDES THE ORGANIZATION WITH THE RIGHT TO RECEIVE EQUITY IN BUILDQ, INC. UPON A FUTURE TRIGGERING EVENT, SUCH AS A QUALIFIED FINANCING ROUND OR LIQUIDITY EVENT. THE ORGANIZATION MADE A MISSION RELATED INVESTMENT IN THE FORM OF A SIMPLE AGREEMENT FOR FUTURE EQUITY (SAFE) TO WORKING TREES, INC., AN ORGANIZATION ENGAGED IN CARBON-REDUCTION PROJECTS. THE INVESTMENT WAS MADE TO ALIGN WITH THE ORGANIZATIONS EXEMPT PURPOSE OF ADVANCING HUMAN POTENTIAL WITHIN EARTHS ECOSPHERE, WHILE ALSO SEEKING A MARKET-RATE FINANCIAL RETURN. THE SAFE PROVIDES THE ORGANIZATION WITH THE RIGHT TO RECEIVE EQUITY IN WORKING TREES, INC. UPON A FUTURE TRIGGERING EVENT, SUCH AS A QUALIFIED FINANCING ROUND OR LIQUIDITY EVENT.”